OREANDA-NEWS. July 9, 2009. Azerbaijan Credit Bank indicates negative impact of the global crisis on its development.

Zair Aliyev, the Bank’s chairman of board says that the crisis broke out almost immediately after our Bank’s opening and today the major challenge is to justify customers’ confidence.

“Bank’s current assets total only AZN 28 million and individuals prevail among our customers. We offer for them a standard range of services (cards, deposits and loans), but all the rest will be introduced later,” he said.

The Bank was established more than 1/5 year ago.

“Our credit portfolio makes approximately AZN 25 million and it is sufficiently diversified. At the same time presently we try not to give large loans,” the Bank’s chair said.